Suppose you start saving today for a 60 000 down payment

Last updated: 2/21/2024

Suppose you start saving today for a 60 000 down payment that you plan to make on a house in 6 years Assume that you make no deposits into the account after the initial deposit For the account described below how much would you have to deposit now to reach your 60 000 goal in 6 years An account with daily compounding and an APR of 5 You should invest S Do not round until the final answer Then round to two decimal places as needed